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Pretium Resources: 4Q Earnings Snapshot

Associated Press
·1-min read

VANCOUVER, British Columbia (AP) _ Pretium Resources Inc. (PVG) on Thursday reported a fourth-quarter loss of $108.1 million, after reporting a profit in the same period a year earlier.

The Vancouver, British Columbia-based company said it had a loss of 58 cents per share. Earnings, adjusted for non-recurring costs, came to 28 cents per share.

The gold mining company posted revenue of $169.6 million in the period.

For the year, the company reported a loss of $38.4 million, or 21 cents per share, swinging to a loss in the period. Revenue was reported as $617.6 million.

Pretium Resources shares have declined slightly more than 6% since the beginning of the year. The stock has climbed 36% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVG at https://www.zacks.com/ap/PVG